Ethereum price enters buy zone — Is a revenge rally in the making?
Ethereum could be preparing to bounce from a demand zone at $2,500, as fresh activity in ETH derivatives markets catches traders’ attention.
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$3B Ponzi Scheme Is Now Allegedly Dumping Bitcoin by the Hundreds
Amid a downturn in the cryptocurrency markets, the apparent swathe of Bitcoin sell-offs from a $3 billion Chinese Ponzi scheme could be to blame.On Aug. 14, Dovey Wan — founding partner of blockchain-based investment company Primitive Ventures — called attention to the ongoing mass sell-offs from the fraudulent Chinese investment scheme, dubbed PlusToken.10 million investors…

1inch Foundation plans to distribute 10M tokens to compensate for gas costs
Only users who stake 100,000 1INCH or more will receive a full refund for their gas fees. 624 Total views 543 Total shares The non-profit arm of decentralized exchange aggregator 1inch plans to give away more than $23 million to users starting September 1.In an announcement on Tuesday, the 1inch Foundation said it would begin…

Regulatory Attention and Fraudsters: Bad Crypto News of the Week
It’s been a good week for Bitcoin. The dollar price is up more than 3 percent to around $9,500. That $10,000 ceiling is looking more fragile than ever. One sign that the ceiling may be about to break is the decline in Google searches for “Bitcoin.” According to Google Trends, search interest is the lowest since…

Alt season is here? DeFi tokens taking on Bitcoin for crypto dominance
With Bitcoin dropping below the $12,000 level and pulling back to $11,400 in the last few days, altcoins also seem to have lost their momentum, even after their impressive gains since the start of 2020. However, some believe that “alt season” is alive and well and that cryptocurrencies still have room to grow, even after…

Raoul Pal believes institutions have finished taking profits as year winds up
Raoul Pal suggested that profit-taking by institutions was the likely reason for recent Bitcoin sell offs, but that the selling is likely done for now. 1654 Total views 33 Total shares Real Vision CEO Raoul Pal believes the recent volatility in the Bitcoin price is due to institutions selling to help shore up their end-of-year…

US Election: House races still uncertain after Trump win
Though Republicans won the US Presidency and a majority in the Senate, it’s still unclear if Democrats will win enough seats to flip the House of Representatives.

OpenSea announces new security features to protect users from NFT scams
The new feature will automatically hide suspicious NFT transfers from view on their marketplace. One of the most popular crypto startups, OpenSea, has recently come under fire for stolen and plagiarized nonfungible tokens (NFTs).In light of the growing number of NFT scams, OpenSea has announced the launch of a new feature that will automatically hide…

CZ: Charity and Stablecoins Drive Meaningful Crypto Adoption
At Virtual Blockchain Week, Binance’s CZ argued that stablecoins and charity initiatives are driving significant crypto adoption worldwide. 3501 Total views 42 Total shares Speaking at Virtual Blockchain Week (VBW), Binance founder and chief executive Changpeng Zhao (CZ) argued that stablecoins and charity initiatives can drive meaningful cryptocurrency adoption.CZ also discussed Binance Academy’s work with…